There needs to be a number of catalysts here in order for the share price to kick up and stay there. In my opinion this needs to be a decent NPV number in the PFS supported by commodity price assumptions which are not unrealistic. This, along with a binding off take landed by either VRC or one of their competitors.
The release of the PFS on its own will no little to the share price, maybe kick to to around 10 cents momentarily and then back down to the 7-8 range until one of the above happens.
Western off takes would be great
VRC Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
